[Translation for Reference and Convenience Purposed Only]
Code No. 1662
June 28, 2017
To All Shareholders:Hideichi Okada, President
Japan Petroleum Exploration Co., Ltd. (JAPEX)
1-7-12 Marunouchi, Chiyoda-ku, Tokyo

Notification of Resolutions
at the 47th Ordinary General Meeting of the Shareholders
We are pleased to inform you that the following matters were reported and resolved at the 47th Ordinary
General Meeting of the Shareholders held on June 28, 2017.
Announcements: 1)

2)

Business report and consolidated financial report of the 47th Term (from April 1,2016 to March 31, 2017), and audit reports from the accounting auditor and Boardof Corporate Auditors on the consolidated financial report
JAPEX reported the foregoing items to the shareholders present at the meeting.
Financial report of the 47th Term (from April 1, 2016 to March 31, 2017)
JAPEX reported the foregoing item to the shareholders present at the meeting.

Resolution items:
Item 1: Appropriation of Surplus
This item was approved and adopted as proposed. It was decided to pay the year-end dividends of
10 yen per share for the 47th Term.
Item 2: Election of Fourteen (14) Directors
This item was approved and adopted as proposed. Accordingly, thirteen (13) Directors, Osamu
Watanabe, Hideichi Okada, Shoichi Ishii, Hikaru Fukasawa, Yosuke Higai, Yasuhiro Masui, Kazuhiko
Ozeki, Takahisa Inoue, Hajime Ito, Hirotaka Tanaka, Yoriko Kawaguchi, Akira Kojima, and Tetsuo Ito,were reelected and one (1) Director, Toshiyuki Hirata, was newly elected, and all of them assumed
their offices.
Yoriko Kawaguchi, Akira Kojima, and Tetsuo Ito are Outside Directors.
Item 3: Election of Two (2) Corporate Auditors
This item was approved and adopted as proposed. Accordingly, one (1) Corporate Auditor, MorioIshizeki, was reelected and one (1) Corporate Auditor, Kenji Uchida, was newly elected, and both ofthem assumed their offices.
Item 4: Payment of Bonuses to Directors and Corporate Auditors
This item was approved and adopted as proposed. A total bonus amount of 4,800,000 yen will be
paid to two (2) of four (4) Corporate Auditors excluding Outside Corporate Auditors.
Item 5: Renewal of the Measures to Prevent Large-scale Acquisition of Our Company Shares(Takeover Defense Measures)This item was approved and adopted as proposed. The measures to prevent large-scale acquisitionof our company shares (takeover defense measures) was renewed.
------------------------------------------------------------------------------------------------------------------------- --------------At the Meeting of the Board of Directors, held after the 47th Ordinary General Meeting of the Shareholders
closed, Representative Directors, Directors with Titles and Executive Officers were appointed and assumed theiroffices. As a consequence, Directors and Executive Officers of the Company are as follows:
Representative Director, Chairman
Representative Director, President
Executive Vice President
Senior Managing Director
Senior Managing Director
Managing Director
Managing DirectorManaging Director
Managing Director
Managing Director
Managing Director
Director
Director

Chief Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer

1Osamu Watanabe
Hideichi Okada
Shoichi Ishi
Hikaru Fukasawa
Yosuke Higai
Yasuhiro Masui
Kazuhiko Ozeki
Takahisa Inoue
Hajime Ito
Hirotaka Tanaka
Toshiyuki Hirata
Yoriko Kawaguchi
Akira Kojima

[Translation for Reference and Convenience Purposed Only]
Director
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Executive Officer
Executive OfficerExecutive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer

Tetsuo Ito
Michiro Yamashita
Kunio Suga
Yoshitaka Ishii
Yasushi Hamada
Akihisa Takahashi
Tamio Wachi
Ryuhei Murayama
Senichiro Kaku
Minoru Kuniyasu
Yasuo Takehana
Junichiro Ando
Mitsugu Takemura
Tadashi Matsunaga
Tsuyoshi Suga

With the resolution by the Board of Corporate Auditors after the 47 th Ordinary General Meeting of theShareholders closed, Full-time Corporate Auditors Morio Ishizeki and Kenji Uchida were newly appointed andassumed their offices.
--------------------------------------------------------------------------------------------- ------------------------------------------<Dividend Payments>
Shareholders who have requested that dividend payments be made by transfer to a bank or otherfinancial institution are asked to confirm the enclosed documents to receive the dividend.
Shareholders who have not requested that dividend payments be made by transfer to a bank or otherfinancial institution may receive their dividend payments at their nearby branch of JAPAN POST BANK Co.,
Ltd. and post office (banking agency) as indicated in the enclosed Receipt of Year-end Dividends. The period forreceiving payment is from June 29, 2017 to July 31, 2017.
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